The board of directors of Ework evaluates the offer from Arawak

Investment AB Arawak (”Arawak”), which is controlled jointly by Salénia Aktiebolag (“Salénia”) and Ingo Invest AB (“Ingo”), published on 24 August 2020 a mandatory cash offer to the shareholders in Ework Group AB (publ) (”Ework”) to acquire all shares in Ework not currently held by Arawak at a price of SEK 70.26 per share (the ”Offer”).

Staffan Salén is the managing director and owner of Salénia. Erik Åfors is the owner of Ingo. Staffan Salén and Erik Åfors, being part of the Offer, have not participated and will not participate in the board of directors’ of Ework processing of or resolutions concerning the Offer.

The other members of the board of directors, Magnus Berglind, Dan Berlin Mernosh Saatchi, , Anna Storåkers and Johan Qviberg, will evaluate the Offer and obtain a fairness opinion. The board of directors will no later than two weeks prior to the expiry of the acceptance period announce its opinion of the Offer, including the reasons for its opinion.

The board of directors has for the purposes of the Offer appointed Magnus Berglind as chairman.

For further information regarding the Offer, please refer to Arawak’s press release announcing the Offer (in Swedish only).

For further information, please contact:
Magnus Berglind, board member,
magnus.berglind@pamir.se 46(0)8 50 60 55 00

 

Ework Group is a market-leading and independent consultant provider operating in northern Europe, which focuses on IT, telecom, technology, and business development. Without having consultants employed, Ework can impartially match every assignment with the right competence from the whole market. Ework was founded in Sweden in 2000, and is now active in Sweden, Denmark, Norway, Finland and Poland. The firm has framework agreements with over 170 leading corporations in most sectors, and approximately 10,000 consultants on assignment. Ework’s head office is in Stockholm. Its shares are listed on Nasdaq Stockholm.